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Re: supersnivs post# 22484

Tuesday, 03/08/2011 6:59:32 PM

Tuesday, March 08, 2011 6:59:32 PM

Post# of 34471
The calls today went through in the middle but mostly at the ask, not one at the bid. So it doesn't look like selling to me but buying.

I honestly don't think the shorts are foolish enough to sell such deep in the money calls. Even if the stock tanked a couple dollars they would still have to provide the shares, its counterproductive. I'd be more inclined to believe it if they were selling naked $12.50 or higher but definitely not such low strikes, its far too reckless even for shorts.

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